Today was a massive day for AMC! In this video I recap today's price action, volume, Ortex short interest data, top news articles and the AMC Stock Option Chain.
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The AMC stock ran to $58 today, respecting the daily upward trend line and using it as support, the AMC stock did fall through the upward trend line at one point today but reclaimed the trend for the close.
AMC levels of resistance are $60, $63, $65, $68, $70 and $77.
Ortex showed the short interest for AMC increasing with a net borrow of over 1m shares. The AMC shorts are in trouble, with an average time held of 41 days it puts their purchase point around 10th/11th May when AMC was back at $10!!!
We also saw some news articles today, Jim Cramer continued his AMC Ape tease and White Square Capital closed their doors after suffering substantial losses betting against GameStop in January.
AMC Recap Tuesday June 22nd
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This is not an advertisement of property for sale or not investment advice to purchase any stock mentioned in this video or any other videos and shall not be construed as anything other than an opinion for entertainment purposes only.
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Video topics:
gamestop, gamestop stock, gme, gamestop short squeeze, gamestop stock explained, gamestop explained, amc, amc stock, amc stock prediction, amc live, amc stock live, amc short squeeze, amc squeeze, amc price prediction, gme stock live, gme stock prediction, gme stock analysis, gme stock explained, gme stock short squeeze, gme stock news, matt kohrs, matt kors, stocks, stock market, investing, trey trades, jim cramer, amc ortex, amc dark pool, amc recap, amc news, amc update, finance news, themaskedinvestor, roensch capital, amc stock news, amc stock update, amc stock analysis, amc stock livestream, amc stock short squeeze, amc stock prediction 2021, amc stock news today, amc stock jim cramer, will amc go up, short squeeze, will amc short squeeze, buy amc, hold amc,
Inspired by Graham Stephan, Meet Kevin, Andrei Jikh, Stock Moe, My Financial Friend, MCash, Kenan Grace, Trey Trades, Matt Kohrs, the Masked Investor and more.
#AMC #ShortSqueeze #AMCStock
📊 Get 2 FREE Shares worth up to $1,850 when you deposit $100 with WeBull - https://act.webull.com/k/UsjHNHWUgvBM/main
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The AMC stock ran to $58 today, respecting the daily upward trend line and using it as support, the AMC stock did fall through the upward trend line at one point today but reclaimed the trend for the close.
AMC levels of resistance are $60, $63, $65, $68, $70 and $77.
Ortex showed the short interest for AMC increasing with a net borrow of over 1m shares. The AMC shorts are in trouble, with an average time held of 41 days it puts their purchase point around 10th/11th May when AMC was back at $10!!!
We also saw some news articles today, Jim Cramer continued his AMC Ape tease and White Square Capital closed their doors after suffering substantial losses betting against GameStop in January.
AMC Recap Tuesday June 22nd
💰 $10 in FREE Bitcoin using Coinbase here - https://coinbase.com/join/smallb_1u?src=ios-link
Social media:
📷 Instagram - ThomasJamesYT - https://instagram.com/thomasjamesyt
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🐤 Twitter - https://twitter.com/Thomas_james_1
🚀 Subscribe for more related content - https://youtube.com/c/ThomasJamesPropertyInvesting
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Thomas MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Thomas' videos. If you need such advice, please contact a qualified accountant, solicitor, insurance agent, contractor/electrician/engineer/etc. or financial advisor.
This is not an advertisement of property for sale or not investment advice to purchase any stock mentioned in this video or any other videos and shall not be construed as anything other than an opinion for entertainment purposes only.
Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!
Video topics:
gamestop, gamestop stock, gme, gamestop short squeeze, gamestop stock explained, gamestop explained, amc, amc stock, amc stock prediction, amc live, amc stock live, amc short squeeze, amc squeeze, amc price prediction, gme stock live, gme stock prediction, gme stock analysis, gme stock explained, gme stock short squeeze, gme stock news, matt kohrs, matt kors, stocks, stock market, investing, trey trades, jim cramer, amc ortex, amc dark pool, amc recap, amc news, amc update, finance news, themaskedinvestor, roensch capital, amc stock news, amc stock update, amc stock analysis, amc stock livestream, amc stock short squeeze, amc stock prediction 2021, amc stock news today, amc stock jim cramer, will amc go up, short squeeze, will amc short squeeze, buy amc, hold amc,
Inspired by Graham Stephan, Meet Kevin, Andrei Jikh, Stock Moe, My Financial Friend, MCash, Kenan Grace, Trey Trades, Matt Kohrs, the Masked Investor and more.
#AMC #ShortSqueeze #AMCStock
If I told you that I was coming to you from six months into the future from this video, January 21, 2022, and the price has dipped into the $16.50 range you wouldn’t believe me. This thing is a joke. The lower the price goes the better position the shorts are in. They are winning. It didn’t squeeze at $70 so why would it squeeze at any price below that? Everybody in America would have to buy AMC shares at this price in order to get it close to $70. It’s not going to happen. They will just keep Shorting it and shorting it until the price is around the absolute fundamental mark for a movie theater chain. Around $13 per share. Apes do not have that kind of patience. They’re selling out by the handful in order to put their money in something else that will make them a quick buck. The retail float is less and less every day. Sinking ship, falling knife, call it whatever you want.
Let me know what you think of the AMC price action today 🚀🚀